Analysts Set First Advantage Co. (NYSE:FA) Target Price at $19.25

First Advantage Co. (NYSE:FA) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $19.25.

A number of research analysts recently commented on the company. JPMorgan Chase & Co. dropped their price target on First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Zacks Research downgraded shares of First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th.

Hedge Funds Weigh In On First Advantage

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC bought a new position in First Advantage in the fourth quarter valued at about $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in First Advantage by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock worth $501,000 after purchasing an additional 1,471 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in First Advantage by 7.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,233 shares of the company’s stock valued at $3,371,000 after purchasing an additional 16,664 shares during the last quarter. Rhumbline Advisers boosted its position in First Advantage by 10.8% in the first quarter. Rhumbline Advisers now owns 87,194 shares of the company’s stock valued at $1,229,000 after buying an additional 8,498 shares in the last quarter. Finally, Voya Investment Management LLC grew its stake in shares of First Advantage by 23.6% during the first quarter. Voya Investment Management LLC now owns 174,483 shares of the company’s stock worth $2,458,000 after buying an additional 33,339 shares during the last quarter. Institutional investors and hedge funds own 94.91% of the company’s stock.

First Advantage Stock Up 0.6%

NYSE FA opened at $14.95 on Tuesday. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 498.33 and a beta of 1.18. The company has a 50 day moving average of $14.28 and a 200-day moving average of $15.33. First Advantage has a 1-year low of $11.95 and a 1-year high of $20.27.

First Advantage (NYSE:FA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The business’s quarterly revenue was up 105.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 EPS. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. On average, equities research analysts expect that First Advantage will post 0.74 earnings per share for the current fiscal year.

About First Advantage

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.